5 acres of land zoned Urban; potential to subdivide into approximately 35 home lots, once a Local Structure Plan over the area is approved.
Almost double your money in 3-5 years a real possibility here; do your homework, and act or you might have to kick yourself big time.
Comes with a set of double brick and tile rentable homes; 4 x 1, and a 2 x 1 separate 'granny home'.
Perfect Self Managed Superannuation Fund investment.
Definitely a very rare investment opportunity, contact the agent straight away or miss out.
Speculative return on investment; in about 35-5 years' time sell 35 lots at a conservative figure of around $200k each = $7M, less purchasing and development costs.
Land bank or make it home and enjoy a rural lifestyle for a bit, then cash in. *Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. Harcourts Regal Gateway provides this document without any express or implied warranty as to its accuracy. Any reliance placed upon this document is at the client's own risk. Harcourts Regal Gateway accept no responsibility for the results of any actions taken, or reliance placed upon this document by a client . Figures and information may be subject to change without notice.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.